ANZ 1.81% $28.71 anz group holdings limited

which way anz shareprice on monday , page-15

  1. ABN
    532 Posts.
    Ocker,

    The ANZ SP chart is a predictor.

    The chart has all the hallmarks of a breakdown below $20 at some point.

    Will it happen on Monday...no

    Will it happen over the next few months...more likely

    The Opes (sorry I said it on this thread) affair looks like very poor management decisions were made within ANZ and may lead to negative sentiment in the ANZ SP going forward. but will it cause the breakdown in the chart...unlikely. Probably other shocks for the sector in general are in the pipeline.
 
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